Business

Fashion shifts away from hype as consumers demand authenticity

Fashion’s long reliance on spectacle-driven marketing is beginning to feel outdated. Industry observers note a gradual but unmistakable shift in how luxury brands present themselves, driven by changing consumer expectations and a cooling global market. Leadership changes—such as Balmain’s recent decision to part ways with Olivier Rousteing after...

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Retail

London’s New Bond Street named the world’s most expensive retail destination

New Bond Street in London, home to brands including Burberry, Chanel, Chloé, Dior, Gucci, Hermès, Louis Vuitton, and Ralph Lauren, has been crowned the world’s most expensive retail destination for the first time, leapfrogging Milan’s Via Montenapoleone, last year’s winner, and New York’s Upper Fifth Avenue. In the global retail report ‘Main...

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LuxExperience: Mytheresa increases quarterly revenue by 12 percent

Online fashion retailer Mytheresa achieved a double-digit revenue increase in the first quarter of the 2025/26 financial year and significantly improved its earnings. This information was published by parent company LuxExperience B.V. in an interim report on Wednesday. The group also reported progress in integrating the Yoox Net-a-Porter (YNAP)...

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Mulberry Group reports early turnaround momentum in H1

Mulberry Group plc reported steady strategic progress in the first half of its financial year, with CEO Andrea Baldo saying the British luxury brand is “still early in the turnaround,” but gaining encouraging momentum as its “Back to the Mulberry Spirit” strategy begins to take hold. For the 26 weeks ended 27 September 2025, Group revenue...

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